Monthly Archives: March 2025
The EUR/JPY pair drops close to 156.25 due to increased demand for safe-haven currencies.
Written on March 4, 2025 at 7:11 am, by anakin
EUR/JPY declined as safe-haven demand rose, driven by US trade tensions and diverging central bank policies.
In January, Australian retail sales rose 0.3% due to improved consumer spending and tax relief.
Written on March 4, 2025 at 7:05 am, by anakin
Australian retail sales rose 0.3% in January, driven by food spending and eased inflation, meeting expectations.
In February, Japan’s Consumer Confidence Index reached 35, falling short of the anticipated 35.7.
Written on March 4, 2025 at 6:41 am, by anakin
Japan’s Consumer Confidence Index fell to 35 in February, below expectations of 35.7, indicating weaker consumer sentiment.
The Reserve Bank of Australia cut rates due to economic risks, cautioning against prolonged tight policy.
Written on March 4, 2025 at 6:35 am, by anakin
RBA cuts cash rate to 4.10%, citing economic risks. Inflation remains above target, policy flexibility maintained.
In the Philippines, gold prices have remained relatively stable, based on recent market data.
Written on March 4, 2025 at 6:11 am, by anakin
Gold prices in the Philippines remained stable Tuesday, with slight decreases. Influences include geopolitics, interest rates, and central banks.
In Q4, Japan’s corporate capex declined 0.2%, indicating reduced domestic demand despite GDP growth.
Written on March 4, 2025 at 6:05 am, by anakin
Corporate capex fell 0.2% in Q4 after years of growth, while GDP rose 2.8%, driven by consumption.
Gold prices in the United Arab Emirates experienced stability, remaining largely unchanged throughout the day.
Written on March 4, 2025 at 5:41 am, by anakin
Gold prices in UAE remained stable; central banks increased reserves, influencing prices amid economic and geopolitical factors.
According to Reuters, the PBOC will likely set the USD/CNY reference rate at 7.2727.
Written on March 4, 2025 at 5:35 am, by anakin
The PBOC sets a daily yuan midpoint, allowing a +/- 2% trading band, with interventions to manage volatility.
A spokesperson from China’s NPC expressed readiness to address US concerns via dialogue and consultation.
Written on March 4, 2025 at 5:11 am, by anakin
China urges dialogue, rejects threats, and seeks fair trade while reaffirming sovereignty and mutual respect amid tariffs.
The CEO of Goldman Sachs, Solomon, believes a 2025 US recession is unlikely but possible.
Written on March 4, 2025 at 5:04 am, by anakin
David Solomon believes a U.S. recession by 2025 is unlikely but possible, highlighting fiscal spending’s economic impact.